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An unknown user bought a virtual racing car for upcoming blockchain-based game F1 Delta Time for 415.9 ether (ETH) or $110,600 at the time of sale, according to information on the game’s website. The virtual racing car — the “1-1-1” — is the first model to be issued and is also one-of-a-kind, with the auction page promising to never release more. The company behind the game, Animoca Brands, ran an auction for the limited edition model in ether for four days, before selling the crypto collectible to user “09E282” after received 31 bids. In late March, Animoca Brands partnered with Formula 1 to ship the game, in which players collect virtual F1 cars and race against each other. According to the game’s official website, there are competitive in-game advantages to owning particular car models: “The game will center around the collection and trading of unique Cars, Drivers and Components – all of which will exist as non-fungible tokens (NFTs) based on the ERC-721 token standard. [...] Tokens are produced in limited quantities as determined by their level of rarity, with the rarest tokens possessing the most impressive racing attributes.” Crypto collectibles are a relatively recent innovation, in which companies use blockchain technology to track and authenticate virtual collectibles. Near the end of 2017, the popular Ethereum-based game CryptoKitties had sold over $12 million of its collectibles, with the most expensive item in the game going for over $120,000. Do you think the value of this virtual car will increase in 2019? Follow @blocklantis #gaming #bitcointechnology #cryptocurrencies #cryptomeme #hodl #altcoin #bitcoinnews #bitcoinsallday #bitcoincharts #cryptotrading #cryptomarket #cryptoworld #cryptoexplorer #blockchain #cryptocurrency

Whats App users can now send and receive Bitcoin (BTC) and Litecoin (LTC) via the popular messaging platform thanks to the Lite.Im bot. The announcement is the latest attempt to simplify the cryptocurrency transaction process, bringing virtual currencies closer to the everyday person. In a tweet published by Zulu Republic on Sunday (May 19, 2019), the digital platform announced that its cryptocurrency messaging platform Lite.Im had introduced a simple way to send and receive bitcoin via WhatsApp. All users have to do is add the Lite.Im WhatsApp bot and follow the on-screen prompts. There are numerous options for users apart from sending and receiving BTC and LTC. The service also allows people to earn cryptocurrency via a referral program. There are also options that allow users to set their default coin, as well as select their preferred language and password. Do you think people will use Bitcoin on WhatsApp? Follow @blocklantis #bitcointechnology #cryptocurrencies #cryptomeme #hodl #altcoin #bitcoinnews #bitcoinsallday #bitcoincharts #cryptotrading #cryptomarket #cryptoworld #cryptoexplorer #blockchain #cryptocurrency

The previous few months when Bitcoin price was progressing and heading up charts have changed for the time of flat trading with BTC drifting between $7,500 and $8,000. This has been going for a couple of weeks now. Crypto bulls have been looking around for signs of further spike and as Forbes writes, they seem to have found them. As the Forbes author writes, the Bitcoin community is in for BTC reward halving soon. When it happens, the award for miners for creating new BTC blocks will decrease from 12.5 BTC to 6.25 BTC. This event is less than a year away, still, some crypto analysts believe that it may get BTC price back to its ATHs achieved in 2017, when Bitcoin was worth $19,000. Brian Kelly, a crypto investment fund executive told CNBC in a recent interview at the Fast Money show that the major factor for Bitcoin to surge is institutional and retailer participation, as well as adoption. As an example, he mentioned Fidelity which is about to start crypto trading for their institutional customers. However, he mentioned the Bitcoin supply cut – the halving – which is about to occur next year. This is when, Kelly stated, big price surges happen. Previous halving took place in 2016 and then the BTC price surge to $19,000 followed. Next halving event is going to occur in 2020. And this has to be the major catalyst for a massive bull run. Do you agree? Follow @blocklantis #bitcoinnews #cryptoworld #cryptomarket #cryptomeme #bitcoinasia #bitcoincharts #cryptocurrencies #monero #bitcointechnology #bitcoinsallday #cryptonews #crypto #blockchain #cryptocurrency #ethereum #binance #coinbase

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So now it’s official, Microsoft has finally added Bitcoin as a currency option in Microsoft Excel, recognizing the digital currency as legal tender. Of course, Microsoft has long had its beady corporate eye on the crypto-space. Back in 2017, it set out an ambitious strategy to jump on the blockchain bandwagon. Most recently, this has seen it become an integral partner in several luxury brands’ move into blockchain authentication. On a more Bitcoin-specific note, it is developing a Digital ID system on the Bitcoin blockchain and is a major investor in the Bakkt Bitcoin-futures platform. Do you think Microsoft recognizing Bitcoin as an official currency is a big deal for adoption? Follow @blocklantis #cryptonews #cryptomeme #bitcoincharts #bitcoinnews #coinmarketcap #bitcoinasia #futures #cryptomarket #monero #decentralized #hodl #cryptotrading #altcoin #cryptocurrencies #cryptocurrencynews #bitcointechnology #sharecrypto #altcoinnews #blockchain #cryptocurrency

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Facebook, the social media giant that owns WhatsApp and Instagram, is finalizing its plans to launch its own cryptocurrency next year. According to BBC, “GlobalCoin” will roll out in 2020, with tests starting by the end of this year. After months of speculation about when Facebook’s rumored cryptocurrency will launch, newest reports suggest that it might be sooner than expected. Dubbed the “Project Libra”, Facebook’s plans for a digital currency network were first reported last year. According to a May 24th report from BBC, Facebook’s Bitcoin-inspired cryptocurrency, GlobalCoin, is set to be rolled out for testing by the end of 2019. The company’s digital payment system should be available in about a dozen countries by the first quarter of 2020. GlobalCoin will reportedly be pegged to a basket of international fiat currencies, including the US dollar, the Japanese yen, and the euro. The move is supposed to eliminate the volatility associated with cryptocurrencies, which should bring them closer to more people. Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin Related: Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin More detailed plans about GlobalCoin will be revealed this summer, BBC said, adding that the company’s founder, Mark Zuckerberg, has already spoken to the Bank of England, Western Union, and the US Treasury Department. Last month, Zuckerberg met with Mark Carney, the governor of Bank of England, with whom he discussed the opportunities and risks involved in launching a cryptocurrency. Talks with money transfer companies such as Western Union could help Facebook find cheaper and faster ways for people without a bank account to send and receive money. The US Treasury has also reportedly advised Facebook on how to deal with operational and regulatory issues regarding cryptocurrencies, including how to conduct the process of identity checks.

@CryptoCrunchApp - Tron’s Justin Sun Wins eBay Charity Auction in $4.57M Bid to Lunch With Warren Buffett. . . Tron (TRX) founder and CEO Justin Sun has won an eBay charity auction to have lunch with renowned investor and Berkshire Hathaway CEO Warren Buffett. Sun reportedly bid a record-breaking $4,567,888 to win the charity auction, which has been held by Warren Buffett for the past 20 years. The winner, who had previously been unnamed, will be able to bring seven friends along for lunch with Buffett at a steakhouse in New York.⬇️⬇️⬇️⬇️ . . Do you think these efforts will help crypto space or TRON coin any way? Let us know in the comments below. . . . @follow @cryptocrunchapp . . Read more: CryptoCrunchApp.com . . . . checkout #cryptocrunchapp . . . #justinsun #troncoin #warrenbuffett #crypto #cryptonews #cryptomarket #bitcoin #btc #altcoin #bitcoins #cryptocurrency #millionaire #eth #ethereum #ltc #litcoin #trx #bch #bnb #cash #stocks #stockmarket #billionaire #blockchain #forex #coinbase #binance #bitcoinwallet